At Allen Insurance Agency in Ramseur, NC, we understand that when consumers seek the proper auto insurance coverage for their vehicle(s), many try to stick with the minimum coverage that the law or their finance companies allow. They are looking for the cheapest options to be legal on the roadways. However, an affordable yet much-needed option for drivers is to include uninsured motorist coverage in their auto policies. This coverage is not only essential but also a practical and cost-effective choice.
What is Uninsured Motorist and Why is it so important?
Uninsured motorist (UM) coverage offers added protection to you and your loved ones when you are in an accident with a driver who is operating on the roadways without insurance coverage. Uninsured Motorist coverage also applies to instances when there has been a hit and run, and you are unable to locate the party who damaged your auto and caused injuries to you and your loved ones. This coverage provides a sense of security and peace of mind, especially with the rise of drivers on the roadways without insurance coverage.
Types of Uninsured Motorist Coverage
Most auto insurance companies offer UM coverage for bodily injuries (UMBI) and property damage (UMPD). With UMBI, if you are involved in a hit and run or had an accident and the guilty party who hit you doesn’t have insurance, you can have medical coverage to take care of your injuries and those of any of your passengers, up to your coverage limits. Usually, the limits for bodily injury on your insurance policy mirror those of your liability bodily injury coverages, but never to exceed it.
For instance, you could have UMBI limits of 25/50, meaning an uninsured motorist bodily injury claim will cover $25,000 per person or up to $50,000 total for injuries incurred to you or any passengers during this single accident.
The same conditions apply to uninsured motorist property damage. However, UMPD is concerned about the repair of your vehicle. Typically, you pay a deductible toward the repairs. For example, if you come out of the grocery store and your car has been damaged. The guilty party cannot be identified. So, you can have your vehicle repaired up to the coverage limits minus the deductible.
Contact Allen Insurance Agency today!
At Allen Insurance Agency in Ramseur, NC, we understand that your priority is protecting your family. Call us today at (336) 489-4415 with any questions or concerns about uninsured motorist coverage. We want clarity and peace of mind when protecting your family on the roadway.
